MENU



An IPO of Globalfoundries has been discussed before but the plan of record was for it to take place in 2022. The present global shortage in semiconductor manufacturing, with the prospect of rising prices, may have prompted Mubadala to pull the IPO forward to 2021.

Mubadala has held discussion with potential financial advisers about a listing for Globalfoundries that could value the company at about $20 billion, Bloomberg said quoting unnamed sources.

Related links and articles:

www.globalfoundries.com

News articles:

Intel to build two wafer fabs, be foundry for Europe

Globalfoundries plans up-front payments to expand manufacturing

Globalfoundries ready for US government co-investment

Volkswagen may claim damages over chip shortages

Opinion: Time for Europe to wake from a 30-year slumber


If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s